The global frozen crab market in 2023 was led by Japan with $567.15 million, growing by 1.34%. Vietnam posted a growth of 18.12%, making substantial contributions, followed by Thailand and Indonesia at 7.79% and 2.28% growth, respectively. Denmark, with a 22.28% increase, stood out among European importers. Both Malaysia and Ireland showed declines, at -1.14% and -4.39% respectively. Smaller markets like Argentina saw surges, with a notable 47.81% increase, despite lower overall import values.
Future trends to watch include the possible continued rise in Vietnam and Indonesia, driven by growing seafood consumption, and shifts in European import dynamics, especially in Denmark. Monitoring Japan's stability as a top importer will be crucial, alongside increasing competition among emerging markets to secure supply and meet demand sustainably.
Top countries in Frozen Crabs Imports by Country
# | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Japan | 567,150,000 | 2023 | +7.14% | +1.34% | View data |
2 | 2 Vietnam | 95,590,000 | 2023 | +28.51% | +18.12% | View data |
3 | 3 Thailand | 79,951,000 | 2023 | +22.14% | +7.79% | View data |
4 | 4 Indonesia | 74,867,000 | 2023 | +10.55% | +2.28% | View data |
5 | 5 Denmark | 61,174,000 | 2023 | +13.87% | +22.28% | View data |
6 | 6 Spain | 52,059,000 | 2023 | +11.09% | +5.44% | View data |
7 | 7 United Kingdom | 17,295,000 | 2023 | +11.12% | +6.25% | View data |
8 | 8 Malaysia | 12,458,000 | 2023 | +5.84% | -1.14% | View data |
9 | 9 Sweden | 12,215,000 | 2023 | +5.67% | +4.49% | View data |
10 | 10 Italy | 10,662,000 | 2023 | +11.81% | +3.36% | View data |